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Question 2. Use the data below to analyze how well Home Depot and Lowes manage their working capital components. A. Calculate the inventory turnover and
Question 2. Use the data below to analyze how well Home Depot and Lowes manage their working capital components. A. Calculate the inventory turnover and average days to sell for Home Depot and Lowes for the period ending in January 2022 (FY 2021). What do you notice? B. Calculate the accounts receivable turnover and days sales outstanding for both companies in FY 2021. C. Calculate the accounts payable turnover and days payable outstanding for both companies in FY 2021. D. Calculate the cash conversion cycle for both companies in 2021 and interpret results
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